Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows:
Year Cash Flow
0 −$ 40,000,000
1 64,000,000
2 −13,000,000
a-1. What is the NPV for the project if the company requires a return of 10 percent?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
a-2. Should the company accept this project?
multiple choice
Yes
No